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Direct Taxation

answered on 09-Oct-23 16:05

Is Unexplained expenditure allowed to deduct from net profit of business or not?

latest answer

No

Nakul Dixit

Nakul Dixit

CA Final

4K+

2

387

CFA course at IGL

Others

answered on 07-Oct-23 13:46

The course shown in pic is enough to prepare for CFA Level 1? Like is this all, 123 hours of watching these lectures? Also does indigo learn prepare us for all three levels of CFA or it just provides classes for L1? Because I could only see L1 classes in app.

latest answer

Yes

Garima Bhargava

Garima Bhargava

CA Inter

185

1

658

CRR

Accountancy

answered on 07-Oct-23 13:30

Why we r creating CRR? In redemption of Pref SC

latest answer

Thank you

Kavi Dharshini

Kavi Dharshini

CA Inter

11K+

2

380

Amalgamation

Accountancy

answered on 06-Oct-23 23:45

Why we are not segregating premium on preference share capital when incorporating journal entries in this question

latest answer

Okk

Ramya Telikicherla

Ramya Telikicherla

CA Final

6K+

2

431

Doubt

Indirect Taxation

answered on 06-Oct-23 20:23

What is the answer to 3rd part ?

latest answer

Renting of warehouse is taxable. What is exempt is only service of warehousing of agricultural produce.

sradha krishna sunil

sradha krishna sunil

CA Final

5K+

1

381

Rebate calculation

Direct Taxation

answered on 07-Oct-23 12:07

Sir in this question they says to calculate rebate.In the solution part round marking 26500 and 15000 how it's come please tell me sir

latest answer

It's text book problem illustration 10 in first chapter

Anitha Raghu

Anitha Raghu

CA Inter

0

4

495

AS7

Accountancy

answered on 10-Oct-23 17:03

How's the loss on contract is 10L here?

latest answer

Material cost 50 Labour - 60 Dep - 20 Future cost - 80 Total 210

Monika T

Monika T

CA Final

7K+

1

572

ITC chapter

Indirect Taxation

answered on 06-Oct-23 20:26

Section 16 sub section 4 gives time limit for availing ITC by registered person. But , ITC is auto populated in GSTR 2B which only can be availed by recipient. So, is these time limit is for going to portal and transferring the ITC from Gstr 2B to electronic credit ledger. Or do it gets automatically transfers from GSTR 2B to electronic credit ledger? what is the meaning of availment of ITC ?

latest answer

Availment means claiming credit in GSTR 3B. Credit is not automatically transferred to credit ledger. It is transferred only when GSTR 3B is filed.

Anirved Rahatgaonkar

Anirved Rahatgaonkar

CA Inter

0

1

627

About sleep

Others

answered on 07-Oct-23 06:35

Is it really matter we have enough sleep day before exam because in May 23 I got fm 21 and total 194 at that day i get sleep only 3 to 4 hrs only at that time I can't get even one answer in exam hall , but after that time getting answers without looking answer

latest answer

Lack of sleep is the root cause for many psychological disorders. It impairs digestive system which cause subsequently to mood disorders. Care must be taken for mental health. Systematic life style will stabilise every thing.

OMKAR REDDY

OMKAR REDDY

CA Inter

6K+

3

491

Returns

Indirect Taxation

answered on 12-Oct-23 15:47

Sir In the Video Lecture it is mentioned any person who opted composition from Normal scheme must file all his prior returns and last date of filing those returns is Sep month return due date or annual return which ever is earlier my Doubt is whether this rule also amended and changed from September to November or this rule not changed please give some clarity

latest answer

Right.

Surya Prakash

Surya Prakash

CA Final

19K+

4

887